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AFRICOAST ENERGY LAUNCHED
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AFRICOAST ENERGY LAUNCHED

FOLLOWING significant growth in the renewable energy business, 
AfriCoast Engineers SA has developed a sister company to exapnd
its vision.
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Eskom and ferrochrome smelters make case for ‘win-win’ 62c/kWh tariff, amid transparency ...

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Although Eskom confirmed that it would not make a profit from the sale of electricity to two ferrochrome producers at a tariff of 62c/kWh, the State-owned company nevertheless argued that the costs associated with forgoing the 12.8 TWh of yearly demand arising from the smelters would be larger and more damaging. Specifically, Eskom said the deal would allow it to avoid a R56-billion “downside risk” associated with take-or-pay coal contracts, while safeguarding R42.5-billion in revenue over the period of the smelter contracts, which also had take-or-pay commitments.

Etana, Growthpoint, Cape Town pioneer pooled renewable electricity wheeling

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Energy trader Etana Energy, JSE-listed real estate investment trust Growthpoint Properties and the City of Cape Town have successfully implemented the first pooled wheeling of renewable electricity model across multiple properties within the city’s municipal network. Building on the City of Cape Town’s first renewable electricity wheeling pilot, launched with Growthpoint and Etana in 2023, the parties say the new pooled wheeling model represents the next evolution of municipal wheeling.

Cape Town’s Metal Theft Unit closes 136 non-compliant scrap traders; recovers 800 kg of ...

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In the ten months between July last year and April this year, the City of Cape Town’s (CoCT’s) Metal Theft Unit made 88 arrests and recovered more than a kilometre of stolen cable and more than 800 kg of stolen metal. The unit also completed 5 979 patrols in hotspot areas, executed 1 257 scrapyard compliance inspections, responded to 423 complaints from the public, and issued 3 095 fines for various by-law transgressions.
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